Day: July 7, 2025
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Kenya’s BuuPass Secures New Investment from Yango Ventures to Boost African Expansion
Kenyan startup BuuPass has received new funding from Yango Ventures, the investment arm of Yango Group, to enhance its intercity travel booking services and broaden its presence in Africa.
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Ethiopia Secures $1 Billion from World Bank to Support Economic Reforms
Ethiopia has reached a deal with the World Bank to receive $1 billion in funding aimed at advancing its economic reform plans and boosting overall growth.
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Cassava and Nvidia Break Ground on Africa’s First AI Factory in South Africa
Africa’s journey into the artificial intelligence space has taken a major leap with the launch of its first AI factory, currently under construction in South Africa.
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U.S.-Africa Business Summit 2024 Generates Over $2.5 Billion in Trade and Investment Deals
The 17th edition of the U.S.-Africa Business Summit took place in Luanda, Angola, drawing an unprecedented number of participants.
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US Firm HYDRO-LINK to Build $1.5 Billion Power Line Linking Angola and DRC
U.S.-based energy company HYDRO-LINK has unveiled a plan to construct a 1,150-kilometre electricity transmission line that will connect Angola with the Democratic Republic of the Congo (DRC).